G36-415 Sea Ray Avenue, Innisfil, ON

Rural Innisfil, Innisfil · MLS® N13712566

$559,000
For Sale
Listed 30 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Discover the Friday Harbour lifestyle, where luxury, nature, and four-season living come together on the shores of Lake Simcoe.
  • This beautifully designed 2-bedroom, 2-bathroom ground-floor condo offers 1,000 sq. ft. of thoughtfully planned living space with 9-ft ceilings, large windows, and...
  • The open-concept kitchen features quartz countertops, stainless steel appliances, a breakfast bar, ample storage, and a built-in specialty locker closet for...

Discover the Friday Harbour lifestyle, where luxury, nature, and four-season living come together on the shores of Lake Simcoe. This beautifully designed 2-bedroom, 2-bathroom ground-floor condo offers 1,000 sq. ft. of thoughtfully planned living space with 9-ft ceilings, large windows, and modern finishes throughout. Enjoy the convenience of ground-floor living with no elevators required and your dedicated parking space just steps from the unit. The open-concept kitchen features quartz countertops, stainless steel appliances, a breakfast bar, ample storage, and a built-in specialty locker closet for additional secure storage. Step outside and enjoy everything Friday Harbour has to offer, including the private marina, golf course, beach, pools, sports courts, fitness centre, scenic walking trails, year-round events, and a vibrant boardwalk lined with restaurants, cafés, and boutique shops. With continued development throughout the resort community, including luxury hotels, spa and wellness facilities, and expanded amenities, Friday Harbour continues to grow as a premier destination for full-time living, weekend escapes, and investment. A rare opportunity to enjoy resort-style living with comfort, convenience, and an incredible four-season lifestyle.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13712566
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
FRIDAY HARBOUR RESORT
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$705/mo
Exposure
South
Property tax
$5,199 / 2025
Days on market
30
Listing brokerage
THE AGENCY

Rooms

BedroomMain3.05 × 4.27 m

window floor to ceiling · laminate · 4 pc ensuite

Living RoomMain4.27 × 4.27 m

eat-in kitchen · quartz counter · breakfast area

Bedroom 2Main3.05 × 3.05 m

laminate · mirrored closet · 3 pc ensuite

LaundryMain0.00 × 0.00 m

Closet

KitchenMain4.27 × 4.27 m

w/o to patio · laminate · window floor to ceiling

Our TakeTeam Asgarian · Broker
A small discount is typical
$543Klikely sale price

Listed at $559,000. Going by how homes in Rural Innisfil and the wider GTA have actually closed against their asking prices (about 97%, 10 local closings in 90 days), the likely sale price is near $543K, if it sells. A realistic range is $511K to $587K.

Independent value check: $721K. Without looking at the asking price, our model values the home itself about 29% above the ask (homes like it typically land between $671K and $758K).

List price
$511KBelow recent closings$587KAbove recent closings

Total price vs nearby homes. Likely closing about $543K, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$423Kmedian sold price
97%of asking, on average
−12%prices vs a year ago
~57 dayshomes like this take to sell
30days on market so far
$2,793/moest. rent · 22 leases
6.0%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6 months of inventory: 20 condo apartment homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $508/sqft against an area asking average of $675/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $522K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 24 homes sold in this building over the past two years, from 77 closings in Rural Innisfil.

What sellers nearby are askingCurrently listed nearby in Rural Innisfil · asking prices
$763kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $721K, which is where my estimate comes from.

Per square foot, these ask about $691/sqft; this home lists at $508/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
559kThis home700k726k810k779k799kThis home vs active comparables

Neighbourhood & location

Rural Innisfil, Innisfil, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,548/mo
$129KIncome needed
4.3×Price ÷ income
$588Weekly cost
$7,655Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

69%mortgage
Mortgage $2,548Property tax $433Condo fee $705Total carry $3,686

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 25, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,473per month

Mortgage amount $447,200 · 4.49% over 25 years

$111,800Down payment (20.0%)
$447,200Loan before insurance
$0CMHC premium
$3,611Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,473
Property tax
$433
Condo / maintenance fees
$705
Heating
$0
Estimated monthly cost
$3,611

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$7,655
Estimated closing costs
$7,655

Plus your down payment of $111,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,993/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$294,594Total interest paid
$741,794Total of all payments
Principal $447,200 Interest $294,594
YearPrincipalInterestBalance
1$9,980$19,692$437,220
2$10,433$19,239$426,788
3$10,906$18,765$415,881
4$11,402$18,270$404,480
5$11,919$17,752$392,560
6$12,460$17,211$380,100
7$13,026$16,646$367,074
8$13,618$16,054$353,456
9$14,236$15,436$339,220
10$14,882$14,789$324,338
11$15,558$14,114$308,780
12$16,264$13,407$292,515
13$17,003$12,669$275,512
14$17,775$11,897$257,738
15$18,582$11,090$239,156
16$19,426$10,246$219,730
17$20,308$9,364$199,422
18$21,230$8,442$178,193
19$22,194$7,478$155,999
20$23,201$6,470$132,798
21$24,255$5,417$108,543
22$25,356$4,316$83,187
23$26,507$3,164$56,680
24$27,711$1,961$28,969
25$28,969$703$0

At the end of your 5-year term

Total paid over the term
$148,359
Principal paid down
$54,640
Interest paid
$93,719
Balance remaining
$392,560

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 22 whole-home leases in Rural Innisfil$2,793/mo
$33,516Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,653 to $2,933Typical rent range
~31 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 22 whole-home leases in Rural Innisfil signed at a median of $2,440 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,793. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.0%
Gross yield
− Property tax $5,199− Condo fees $8,464− Insurance $600− Vacancy & upkeep $3,687Net operating income $15,567

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE AGENCY. MLS®/PropTx.

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